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Sleepwell owner Sheela Foam to buy Kurlon Enterprise for ₹3,250 crore: Report
short by Ridham Gambhir / on Wednesday, 28 June, 2023
Sleepwell mattresses' owner Sheela Foam will acquire rival company Kurlon Enterprise, buying 100% of the company in two tranches for a cash consideration of ₹3,250 crore, reported Moneycontrol. The move will reportedly help Sheela Foam to double its market share. The deal is expected to be completed within a couple of months.
read more at Moneycontrol